COLA

After a few brutal weeks of economic news we should all welcome a time out. Even though this is a holiday for most federal workers, there are three good news items in the works. Check out Senior Correspondent Mike Causey’s column and send it on to a friend.

Federal and military retirees will get a 5.8 percent cost of living adjustment in January. That’s solid and its the biggest COLA since 1982, but some people say the cost of the increase could be a political problem down the line.

By now many people have figured out that the January cost of living adjustment for retirees will be bigger than the pay raise for working feds and some want to cash in on it. But Senior Correspondent Mike Causey says, for most of you, that ship has sailed.

Your 2009 federal pay raise, and the retiree COLA are safe and sound. But what about all those other pro-fed benefits Congress has been working on? The answer, Senior Correspondent Mike Causey says, is that they haven’t been working very hard.

Have you heard about the federal pay freeze, about a cushy postal service buyout offer or that retirees may have to take a cut? Those are some of the false rumors making the rounds. Senior Correspondent Mike Causey gives his take about rumors-on-steriods.

Each year, federal retirees get a cost-of-living adjustment. But in 2010 – they might get nothing at all. We find out more from Federal News Radio Senior Correspondent Mike Causey who explains how Deflation could…

Senior Executive Association President Carol Bonosaro discusses how she and others plan to attract new blood to the Senior Executive Service, starting with some provisions in the recently-signed Defense Authorization bill.